cognition of this, she is hereby granted the title of誥命. Upon receiving this great honor, do not forget to be mindful and exemplary. So decreed.”Let me know if you have any other text you'd like me to...Chapter 530: Zhao Xuanji's Considerations

"In your opinion, Your Lordship, is this palace's literary and military prowess comparable to that of Emperor Taizu, who was renowned for his exceptional talent and strategic brilliance, or does your governance surpass even the first Grand Chancellor of our dynasty"

Li Chen, who had long prepared a speech, indeed left Zhao Xuanji speechless.

There's no getting around it, this topic is just too big and weighty.

Li Chen took out for comparison, not the first chief minister who was rumored to be a semi-immortal by the people, but Emperor Taizu. Which one of these people could he casually comment on

Seeing Zhao Xuanji remained silent, Li Chen then said, “What is considered valuable or cheap is nothing more than a human-made ranking. In my opinion, regardless of whether one is a scholar, a farmer, a craftsman, or a merchant, as long as they can contribute to the country and society, they are an indispensable part of the nation.”

"It is precisely those merchants whom you deem the most despicable, who contribute one-third of the national tax revenue through their commerce. This contribution alone surpasses that of countless scholars who have spent two years reading the classics and yet dare to criticize government policy."

"The imperial court established a bank not for commerce, but to increase revenue and reduce expenditures, making the most of idle funds. This money could be used to reinforce dams, strengthen the military, provide disaster relief, and aid the people. With so many benefits, what's not to like"

There was one more thing Li Chen didn't say.

In his design, the core function of this bank is to act as a lever for regulating the national economy, a macroeconomic management tool.

Once deposit and loan services reach a certain scale, coupled with the imperial court's sole right to coin money, this pawnshop will take on the embryonic form of a central bank in later eras, serving as an effective lever for macro-economic control.

Once he has mastered this lever, his power will exceed that of any emperor in history.

Throughout history, the power of emperors has always been at its peak during the founding era. Even then, however, emperors only achieved a high degree of centralization in terms of political and military power. Due to the lack of systematic planning and knowledge, it was impossible for them to establish a fully centralized economic system during feudal times.

But this central bank concept of a banking society, would allow Li Chen to hope to become the first emperor in the true sense, who controlled the economic power.

The economy lays the foundation for people's livelihood, and people's livelihood is the basis of society. The social foundation determines the strength or weakness of a regime.

But these concepts, ancient people couldn't understand. If anyone truly understood this, Li Chen would kill them no matter what.

Although Li Chen hadn't finished speaking, Zhao Xuanji could sense from his words and actions that the Crown Prince was determined to implement the grounding of money houses, regardless of whether anyone agreed or disagreed.

The current Crown Prince, in matters of state, already possesses the capital to vie with the cabinet, no longer the insignificant Zhao Xuanji whom one could disregard.

Therefore, Zhao Xuanji also understood Li Chen's conditions and intentions today.

Use your influence with Li Yinhu to help him out in exchange for the cabinet's approval of the money lending scheme.

Zhao Xuanji is considering.

This plan, as long as the cabinet approves it, will surely pass in the court. However, the problem is that the common people will denounce the court for being out of touch and competing with them for profit.

Whoever proposes it will be scolded, anyway Zhao Xuanji is impossible to be the person who actively put it forward.

But does this have anything to do with Zhao Xuanji

Not only is that okay, but he can also sit back and watch the situation unfold.

Then, why not agree

In just an instant, Zhao Xuanji had already weighed the options.

"If Your Highness has made up your mind, the old minister will naturally not oppose it. However, the old minister is not familiar with this matter and cannot help Your Highness afterward."hbors are just waiting to take advantage of your age."“He is there, at least these wicked relatives and neighbors still have a layer of fear, and there is another layer that gives you the hope to cont...